Overview of the market picture today 12/11 as the FED cuts interest rates by 0.25%
Low interest rates in theory still create a favorable environment for long-term risky assets. However, the current reaction indicates that the market does not yet trust the Fed's next reduction plan. Economic data and investor sentiment are not strong enough to push crypto prices to break out immediately. If institutional money continues to withdraw, it will lead to a sharp price drop.
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Overview of the market picture today 12/11 as the FED cuts interest rates by 0.25%
Low interest rates in theory still create a favorable environment for long-term risky assets. However, the current reaction indicates that the market does not yet trust the Fed's next reduction plan.
Economic data and investor sentiment are not strong enough to push crypto prices to break out immediately. If institutional money continues to withdraw, it will lead to a sharp price drop.
$BTC $ETH
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